Pak media hails Chinese investments as 'game-changer'
April 21, 2015  12:32
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The Pakistan media today hailed the launch of the ambitious USD 46-billion economic corridor with China as "game-changer", as they gave extensive coverage to Chinese President Xi Jinping's maiden visit to the country.

The 3,000-km corridor is an extensive project of investment which is bringing Chinese capital and expertise in key sector of energy generation and infrastructure.

The corridor linking China's far-western region to Pakistan's south-western Gwadar port on the Arabian Sea through Pakistan-occupied Kashmir (PoK) is massive project of road, rail, energy schemes, pipelines and investment parks.

The Dawn newspaper under the headline 'Economic corridor in focus as Pakistan, China sign 51 MoUs' reported that a historic ceremony was organised at the Prime Minister's Office, where Pakistan and China signed 51 MoUs relating to diverse aspects of bilateral relations.

It said that apart from economic cooperation, Pakistan and China have agreed to continue bilateral cooperation in civil nuclear energy under IAEA safeguards, in line with their respective bilateral and multilateral commitments.

The News International on its front page wrote that Pakistan and China agreed to raise their trade volume up to USD 20 billion and pledged to continue their cooperation in civil nuclear technology.

It said Sino-Pak friendly relations touched new heights as both the countries signed 51 agreements and MoUs for cooperation in different fields, rolling a USD 45 billion portfolio agreed under the China-Pakistan Economic Corridor.
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